Housing Market Analysis for PRENTICES LANE, IP12 4LF

Are you looking to understand IP12 4LF house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this East Suffolk postcode.

For the location information and nearby amenities in the IP12 4LF area, explore the IP12 4LF Area information page.
For comprehensive crime statistics in the IP12 4LF area, explore the IP12 4LF Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP12 4LF postcode area, The average prices are as follows,

Detached
- The average price is around £297,545 median price is £310,000 Standard Deviation is £173,643 with Total Sold: 29
- The Last 5 Year average price is £505,714 with Total Sold: 7
- The most recent sale happened at this postcode is 17 PRENTICES LANE: £710,000 (Sold on 28 Feb 2024)
- The first recorded sale happened at this postcode is 5 PRENTICES LANE: £45,500 (Sold on 24 Jun 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average IP12 4LF house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£710,000	£5,504	1
2023	£485,000	£5,160	1
2021	£511,250	£3,464	4
2020	£300,000		1
2018	£430,000	£2,638	1
2016	£380,000	£2,987	2
2015	£190,000	£2,754	1
2014	£310,000	£2,123	1
2011	£305,000	£2,274	2
2008	£359,800	£2,792	2
2007	£271,667	£1,724	3
2004	£225,000	£2,206	1
2002	£169,950		1
2001	£235,000	£1,735	1
2000	£88,000	£603	1
1998	£68,750	£471	1
1997	£105,500	£813	4
1996	£45,500	£312	1

All the Sales in the PRENTICES LANE, IP12 4LF

See the table below for more details on the sold house prices in the IP12 4LF, East Suffolk postcode.

Address	Sold Date	Price	% Change
17 PRENTICES LANEDetached, FreeholdArea: 129 Sq.mtrAge: 2022	28 Feb 2024	£710,000	95.86%
	24 Sep 2021	£362,500	First Sale
GREENCROFT PRENTICES LANEDetached, FreeholdArea: 94 Sq.mtrAge: 1930-1949	20 Jan 2023	£485,000	First Sale
14 PRENTICES LANEDetached, FreeholdArea: 163 Sq.mtrAge: 1967-1975	15 Dec 2021	£647,500	First Sale
20 PRENTICES LANEDetached, FreeholdArea: 122 Sq.mtrAge: 2003-2006	22 Sep 2021	£425,000	24.78%
	09 Jan 2008	£340,600	215.37%
	22 Feb 2007	£108,000	First Sale
WESTSIDE PRENTICES LANEDetached, FreeholdArea: 170 Sq.mtrAge: 2021	30 Jun 2021	£610,000	First Sale
3 PRENTICES LANEDetached, Freehold	06 Jan 2020	£300,000	First Sale
6B PRENTICES LANEDetached, FreeholdArea: 163 Sq.mtrAge: 1967-1975	05 Jan 2018	£430,000	First Sale
AROUND THE BEND PRENTICES LANEDetached, FreeholdArea: 99 Sq.mtrAge: 1967-1975	04 Nov 2016	£395,000	First Sale
1 PRENTICES LANEDetached, FreeholdArea: 184 Sq.mtrAge: 1967-1975	16 Jun 2016	£365,000	223.01%
	21 Jul 1997	£113,000	First Sale
4 PRENTICES LANEDetached, FreeholdArea: 69 Sq.mtrAge: 1930-1949	30 Mar 2015	£190,000	First Sale
5 PRENTICES LANEDetached, FreeholdArea: 146 Sq.mtrAge: 1950-1966	29 Aug 2014	£310,000	252.27%
	20 Oct 2000	£88,000	28.00%
	04 Dec 1998	£68,750	51.10%
	24 Jun 1996	£45,500	First Sale
SUNNYSIDE PRENTICES LANEDetached, FreeholdArea: 132.74 Sq.mtr	22 Feb 2011	£295,000	First Sale
11 PRENTICES LANEDetached, FreeholdArea: 135.45 Sq.mtrAge: 1967-1975	06 Jan 2011	£315,000	-9.22%
	06 Mar 2007	£347,000	47.66%
	06 Jul 2001	£235,000	76.69%
	07 Oct 1997	£133,000	First Sale
HEDGEROWS PRENTICES LANEDetached, Freehold	09 Jul 2008	£379,000	5.28%
HEDGEROWS PRENTICES LANEDetached, Freehold	28 Nov 2007	£360,000	First Sale
WESTERLEY PRENTICES LANEDetached, FreeholdArea: 102 Sq.mtrAge: 1950-1966	15 Mar 2004	£225,000	161.63%
	21 Feb 1997	£86,000	First Sale
6 PRENTICES LANEDetached, Freehold	11 Jun 2002	£169,950	First Sale
16 PRENTICES LANEDetached, Freehold	28 Feb 1997	£90,000	First Sale

Check out the sold house prices near the IP12 4LF postcode. Properties currently for saleProperties currently for rent

PRENTICES LANE, IP12 4LF Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP12 4LF postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the IP12 4LF postcode.

Semi-Detached
- The average price is around £193,035 median price is £174,000 Standard Deviation is £119,895 with Total Sold: 94
- The Last 5 Year average price is £320,972 with Total Sold: 15
- The most recent sale happened at this postcode is , 41 CATHERINE ROAD: £237,500 (Sold on 22 May 2024)
- The first recorded sale happened at this postcode is , 45 CATHERINE ROAD: £67,500 (Sold on 20 Jul 1995)
Detached
- The average price is around £314,374 median price is £279,975 Standard Deviation is £224,354 with Total Sold: 338
- The Last 5 Year average price is £521,273 with Total Sold: 64
- The most recent sale happened at this postcode is , 17 PRENTICES LANE: £710,000 (Sold on 28 Feb 2024)
- The first recorded sale happened at this postcode is , 21 GRUNDISBURGH ROAD: £48,000 (Sold on 06 Jan 1995)
Terraced
- The average price is around £163,969 median price is £161,250 Standard Deviation is £79,443 with Total Sold: 74
- The Last 5 Year average price is £268,500 with Total Sold: 11
- The most recent sale happened at this postcode is , 30 TENNYSON CLOSE: £272,500 (Sold on 09 Feb 2024)
- The first recorded sale happened at this postcode is , 13 EDWARD FITZGERALD COURT: £47,000 (Sold on 30 Jun 1995)
Other
- The average price is around £4,456,410 median price is £1,565,000 Standard Deviation is £5,097,999 with Total Sold: 6
- The Last 5 Year average price is £3,725,365 with Total Sold: 4
- The most recent sale happened at this postcode is , POLICE STATION GRUNDISBURGH ROAD: £2,780,000 (Sold on 30 Mar 2022)
- The first recorded sale happened at this postcode is , 31 TENNYSON CLOSE: £230,000 (Sold on 23 Nov 2017)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£311,250	£3,438	2
2023	£448,000	£4,735	2
2022	£294,192	£3,572	3
2021	£287,125	£3,291	4
2020	£285,000	£2,481	2
2019	£347,500	£3,705	2
2018	£302,500	£3,516	2
2017	£631,500	£2,570	2
2016	£270,550	£3,081	5
2015	£234,167	£2,532	3
2014	£245,000		1
2013	£180,850	£1,896	3
2012	£247,000	£2,519	3
2011	£159,375	£1,927	4
2010	£215,090	£1,986	5
2009	£207,500	£2,173	2
2008	£195,750	£2,250	3
2007	£224,562	£2,198	4
2006	£161,667	£1,843	3
2005	£170,125	£1,387	4
2004	£162,750	£1,929	2
2003	£150,332	£1,503	3
2002	£122,889	£1,340	5
2001	£45,000	£538	1
2000	£92,500	£956	4
1999	£72,993	£732	7
1998	£73,333	£876	3
1997	£53,210	£585	5
1996	£57,375	£522	4
1995	£67,500		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£618,500	£5,504	2
2023	£652,455	£4,784	11
2022	£573,917	£4,327	6
2021	£495,694	£3,900	18
2020	£529,471	£3,849	17
2019	£358,050	£4,082	10
2018	£590,321	£3,621	14
2017	£392,917	£3,599	6
2016	£435,591	£3,284	16
2015	£379,778	£3,019	9
2014	£378,673	£2,483	9
2013	£328,750	£2,778	13
2012	£256,625	£2,327	8
2011	£290,300	£2,506	10
2010	£310,458	£2,741	13
2009	£260,000	£2,228	5
2008	£365,060	£2,581	10
2007	£413,130	£2,502	15
2006	£299,775	£2,161	10
2005	£285,292	£2,398	12
2004	£278,550	£1,972	10
2003	£216,190	£1,642	10
2002	£227,085	£1,770	10
2001	£238,970	£1,503	10
2000	£115,431	£863	12
1999	£100,214	£952	14
1998	£127,139	£754	9
1997	£96,945	£731	19
1996	£79,441	£630	17
1995	£70,150	£504	13

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£272,500	£3,062	1
2023	£270,000	£3,103	1
2022	£265,000	£3,533	1
2021	£279,000	£3,145	4
2020	£235,000	£2,002	2
2019	£280,000	£2,573	2
2018	£190,000	£2,289	1
2017	£242,400	£2,609	5
2016	£226,500	£2,771	4
2015	£191,000	£2,146	1
2014	£230,333	£2,411	3
2013	£178,699	£2,010	5
2012	£173,500	£1,899	3
2011	£198,000	£1,823	1
2010	£155,250	£1,527	2
2009	£135,000	£1,570	1
2008	£167,625	£2,268	2
2007	£240,000		2
2006	£156,875	£1,712	4
2005	£140,000		1
2004	£130,125	£1,511	4
2003	£121,875	£1,288	4
2002	£127,000	£1,420	3
2001	£74,995	£773	1
1999	£75,750	£821	2
1998	£59,332	£572	3
1997	£51,556	£554	8
1996	£55,000		1
1995	£44,500	£530	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£2,780,000		1
2021	£307,500	£3,082	2
2019	£11,506,460		1
2018	£11,607,000		1
2017	£230,000	£2,614	1

House Type in IP12 4LF area

The most common house types in the IP12 4LF postcode area are Detached (77), Semi-detached (36), and Terraced (12).

Total	126
Detached	77
Semi-detached	36
Terraced	12
commercial building	1
Flat	0
Shared house	0
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (75), and Owned: Owns with a mortgage or loan (35).

Owned: Owns outright	75
Owned: Owns with a mortgage or loan	35
Social rented: Other social rented	8
Private rented: Private landlord or letting agency	5
Social rented: Rents from council or Local Authority	2
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the IP12 4LF have 2 people in household (47), and 1 person in household (37).

2 people in household	47
1 person in household	37
3 people in household	23
4 people in household	15
5 people in household	2
7 people in household	1
0 people in household	0
6 people in household	0
8 or more people in household	0